BUY The Fresh Market (TFM)

Dan Chung, Fred Alger Management

This hybrid of Whole
Foods and Trader Joe’s for affluent urban markets is growing revenues at 15% a
year; same-store sales, at 8%. Says Chung, “The 1980s and 1990s were about big
boxes.” But, he argues, today chains are taking advantage of better logistics
and store site planning to target specific profitable neighborhoods.